5G is Feeling Under the Weather

Gilder's Daily Prophecy

April 30, 2020

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George Gilder: "This market story will dwarf 5G…"

Doug George BobIf you're ready to bank on 5G stocks to take off when America reopens for business…

You may be in for a big surprise, according to "America's #1 Futurist," George Gilder.

In this brand-new video presentation… he explains why.

The bottom line is that 5G could indeed enjoy a "second gold rush," as plenty of pundits are saying.

But even better, says George, is something nobody's talking about.

He calls it "15G" — be among the first to get the details, at this link.

Be sure to watch this presentation before tonight at midnight.
 

5G is Feeling Under the Weather

George GilderDear Daily Prophecy Reader,

I think 5G wireless — the vaunted next generation of high frequency mobile technology, touted for everything from self-driving cars to the internet of things (IoT) — just caught coronavirus. It's gasping for breath and petitioning for a ventilator.

After a brief obligatory rant on the lock in, I'll explain.

Sorry folks. If you thought the climate cranks and weather bores had achieved the ultimate in mind-bending stupidity, if you imagined it couldn't any get more imbecilic than beatifying gasbag Greta Thunberg as the Time magazine "Person of the Year," if you supposed the epitome of primitivism was shutting down the economy to go "back to windmills" then this medieval lock-in is even worse.

Surely, Dr. Neil Ferguson of the Imperial College of London will be a suitable Thunberg successor as this year's Time"Person of the Year" for what statistician (and meteorologist) William Briggs accurately dubs as "the most colossal and costly blown forecast of all time."

Ferguson's "World Health Organization Collaborating Center for Infectious Disease Modelling" last month predicted 40 million COVID deaths unless the politicians shut down the world economy. They are now preening as heroes for saving 38.5 million lives by their alert. But even their 1.5 million deaths can come true only through the sleight of hand of dubbing all deaths with COVID antigens as COVID deaths.

Watch them. They're doing it now.

Under the new regime of "let them eat banknotes," you close down the world economy and nearly everyone will die unless they can readily digest and metabolize the nutrients in the toilet paper currencies being served up by the maître d's at central banks.

Make Way for WiFi6 and Beyond

What with the atmosphere filling up with all this halitosis of politicians as they wheeze and spray phlegmy goops of green mucus from their viral new mania, it's been hard for me to breathe, let alone keep track of new technology developments.

So, I entirely missed the giant sucking sound of the air being slurped from the sails of the "5G" new-generation hype machine.

I missed the momentous launch last Thursday, April 23 of a real new era in wireless. Chairman Ajit Pai and the Federal Communications Commission (FCC) unanimously voted to add 1.2 gigahertz of new spectrum to the unlicensed bands used by Wi-Fi. That announcement expanded by a factor of five the amount of spectrum available for unlicensed uses.

Sold in FCC auctions, licensed spectrum is the focus of all the attention. It tends to go to the established telcos and to politically nimble smaller businesses. 5G is the latest generation of licensed services.

Unlicensed spectrum is supposed to be reserved for Industrial, Scientific and Medical (ISM) uses such as connections in factories, laboratories, and hospitals that cannot hire a law firm on "K" street every time they want to try a new frequency.

Although Wi-Fi does not exactly fit these categories, the FCC has been permissive and allowed it to become the dominant unlicensed application. Cisco predicts 628 million Wi-Fi hotspots globally by 2023, up from 169 million five years earlier.

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Capital and creativity always migrate toward unregulated spaces. I have long predicted that most traffic would end up on Wi-Fi rather than the licensed bands. Cisco estimates that over the next two years, 60% of global mobile traffic will be offloaded to Wi-Fi. Already more than 80% of total data traffic ends on Wi-Fi.

I've been writing about WiFi6, which is the new generation of Wi-Fi that expands bandwidth by a factor of four for uses like internet-TV, reducing latency to nearly nothing for gaming virtual reality, increasing the number of channels by something like a factor of 40 for use in offices and malls, and even increases battery life and network efficiency.

With the help of Qualcomm chip design and radio prowess, the Wi-Fi Alliance is now bringing to Wi-Fi three decades of advances in wireless virtuosity. WiFi6 mimics 5G in using the Fourier math magic of Orthogonal Frequency Division Multiple Access (OFDMA) bandwidth and threads, and multiple-user antennae technology (MIMO, or multiple input multiple output). Now the FCC is enlarging the 5 gigahertz band currently used by advanced Wi-Fi with the contiguous 6 gigahertz band for WiFi6E. Thus enhanced, Wi-Fi will deflate the need for millimeter wave and other vaunted 5G technologies.

Wireless operators' networks would already be unaffordable without Wi-Fi in customers' homes and offices. More than 80% of mobile traffic comes not through a cell tower but via a Wi-Fi connection.

Today's Prophecy

Don't look now, but combined with the steady advance of fiber-to-the-home at an estimated growth rate of 14.4% a year, the FCC's bold increase in unlicensed spectrum pretty much ends the infatuation with 5G. Fiber to the Home is experiencing innovations in deployability and flexibility that combined with WiFi6 make it a direct rival for 5G in most applications.

There will remain Facebook paranoids who think 5G causes cancer, or infiltrates insidious signals from China into the synapses of their brains. Big telcos such as Verizon and AT&T still find themselves stranded with huge auction winnings of microwave frequencies.

But the future for broadband is the same as it has always been: Fiber to everything and Wi-Fi to your device. The FCC just pretty much guaranteed that ultimate destination.

Regards,

George Gilder

George Gilder
Editor, Gilder's Daily Prophecy

P.S. Are you too late to get rich off of the 5G revolution? You may have missed the boat. At least, missed enough of it to make a fortune. However, that doesn't mean you're out of luck entirely. Because of an opportunity I believe could be 3x as big. I'm calling it "15G" — I plan to lift the veil on one of these new "15G" opportunities tomorrow. Click here now to learn more about this "15G" opportunity.

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